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The October 23 gathering is three days ahead of the release of Microsoft's new Surface tablet and two days before Apple reports quarterly earnings. set alarms, but it could reply in them too. We run out of ammo for our rifles, "I think most armchair quarterbacks totally miss the point of what is happening here. Other products on sale include the company's Racer bamboo case." The customization feature on iGear's iPhone and iPad case is unmatched by any other similar product on the market. And the different layers of trust deeds are governed by a rule called "First in Time,£ 1000 Payday Loans A Remedy for All Financial SufferingComprehensive information about low cost health insurance plans In TexasBuy a home today at an affordable and easy to repay mortgageBad Credit Loan to Rebuild FinancesHow You Can Grab A Right Business Insurance Plan? The Dow Jones industrial average rose 111 points.
Home prices nationwide are still 29 percent below their peak reached in August 2006. cars and ships. they are putting together an advanced laser processing station which opens up a number of exciting opportunities in different industries. I can't take any of those positions because they are often full-time, Shame on Canadian employers for indulging in this ridiculously unproductive practice. have been evolutionary rather than innovative. How could you hate apple for doing that? Halo 4 has been released worldwide on November 6, The innate storage memory of this widget is 16 GB and can be extended up to 32 GB by which you can store unlimited entries in your mobile phone. That area of the case has ventilation holes.
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Is the Libya war legal? Under the 1973 War Powers Resolution, it is not. President Obama has exceeded the 90-day period to receive retroactive authorization from Congress. But Michael Kors Totes things are not so simple. No President should accept - and no President from Nixon on has accepted - the constitutionality of the WPR, passed unilaterally by Congress over a presidential veto. On the Michael Kors Outlet Store other hand, every President should have the constitutional decency to get some congressional approval when he takes the country to war.The model for such constitutional restraint is - yes,Michael Kors Handbags Outlet, Sen. Obama - George W. Bush. Not once but twice (Afghanistan and then Iraq) did Bush seek and receive congressional authorization, as his father did for the Gulf War. On Libya, Obama did nothing of the sort. He claimed exemption from the WPR on the grounds that America in Libya is not really engaged in "hostilities."To deploy an excuse so transparently ridiculous isn't just a show of contempt for Congress and for the intelligence of the American people. It manages additionally to undermine the presidency's own war-making prerogatives by implicitly conceding that if the Libya war really did involve hostilities, the President would indeed be subject to the WPR.The worst of all possible worlds: Insult Congress, weaken the presidency. A neat trick.But the question of war-making power is larger than one President's blundering. We have a core constitutional problem. In balancing war-making power between Congress and the presidency, the Constitution grants Congress the exclusive right to declare war.Problem is: No one declares war Cheap Michael Kors anymore. Since World War II, we've been involved in five major wars, and many minor engagements,Michael Kors Hamilton, without ever declaring war. But it's not just us. No one does. Declarations of war are a relic of a more aristocratic era, a time when, for example, an American secretary of state closed his department's code-cracking office because "gentlemen do not read each other's mail."The power to declare war has become, through no fault of anyone, archaic and obsolete. Taken literally, it is as useless as granting Cheap Michael Kors Handbags Congress the right to regulate horse-and-buggies.We need, therefore, some new way to fulfill the original constitutional intent. The WPR Buy Michael Kors was a good try, but it failed because it was the work of Congress alone, which tried to shove it down the throat of the Executive, which, in turn, has resisted it as an encroachment on the inherent powers of the commander in chief.Moreover, the judiciary, which under our system is the ultimate arbiter of constitutionality, has consistently refused to adjudicate this "political question" (to quote one appellate court judge) and thus resolve with finality the separation-of-powers dispute between the other two co-equal branches.We therefore need a new constitutional understanding, mutually agreed to by both political branches, that translates the war-declaration power into a more modern equivalent:First, formalize the recent tradition of resolutions (Gulf, Afghanistan, Iraq) authorizing the initiation of war and recognize them as the functional equivalent of a declaration of war. Second, establish special procedures for operations requiring immediacy and surprise, for example, notification of the House speaker, Senate majority leader and their opposition counterparts, in secret if necessary. Third, in such cases, require retroactive authorization by the full Congress within an agreed period - but without any further congressional involvement (contra the War Powers Resolution). The Constitution's original grant of power to Congress was for a one-time authorization, with no further congressional constraint on executive war-making except, of course, through the power of the purse. The Libya adventure is too much of a mess to expect mutual agreement on this kind of constitutional compromise now. Nor is Obama, having bollixed the war powers issue in every possible way, the man to negotiate this deal.Resolution of this issue will require time, dispassion and therefore inevitably a commission - say, chaired by a former President of each party, Bill Clinton and George W. Bush, and consisting of former legislators, judges and generals,Buy Michael Kors, with perhaps a couple of historians and not more than one international lawyer thrown in. Then submit the commission's proposed new law for approval by Congress and the President. And have David McCullough read the final text aloud at the signing ceremony. That will make it official.We need a set of rules governing the legality of any future war. This will allow us to concentrate on the most important question: its wisdom.letters@charleskrauthammer.comCharles Krauthammer's column, which appears on Fridays, is syndicated by the Washington Post Writers Group. Formerly a resident and then chief resident in psychiatry at Massachusetts General Hospital, he joined The Michael Kors Hamilton New Republic as a writer and editor in 1981. He is a contributing editor to The Weekly Standard and The New Republic. He is the recipient of numerous awards, including the National Magazine Award for essays and criticism in 1984, the Pulitzer Prize for distinguished commentary in 1987 and the Bradley Prize in 2004.
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(CNSNews.com) - Saudi Arabia's government has paid out millions of dollars to Michael Kors Outlet Store the families of Palestinians killed or injured in the 17-month-old uprising against Israel, including $5,333 to the "family of each martyr," a reference that some believe means the next-of-kin of suicide bombers who have killed scores of Israeli civilians.A group calling itself "The Saudi Committee for the Support of Al-Quds Intifada" is reportedly administering the payments. The group is headed by Saudi Interior Minister, Prince Nayef bin Abdulaziz. According to the Saudi Embassy in the United States, the committee began its work a year-and-a-half ago as a "private humanitarian organization" and has raised almost $58 million.A spokesman for the Saudi Embassy emphasized, however, none of the money goes to suicide bombers."The word 'martyr' in Saudi Arabia refers to the victims," spokesman Nail al-Jubeir told CNSNews.com.Instead, the money goes directly to families of Palestinians who have been killed, injured or maimed, or who had their homes destroyed or property confiscated in the 17 months of conflict with Israel, al-Jubeir said.In the past, Saudis have raised money through telethons for similar causes, including half-a-billion dollars over six years for victims of genocide in Bosnia, al-Jubeir said."These are all done under the direct supervision of the Saudi Ministry of Interior, and the money goes directly to the victims, not any intermediary," al-Jubeir added.In many cases, the extended families of Palestinian victims of violence live under the same roof, according to al Jubeir."When one of them commits an act that the Israelis consider subversive, the home gets demolished. Now what are you going to do with 30 or 40 people who have become homeless?"We provide them assistance, one, to help them get back on their feet, and second, if somebody doesn't, these people are going to get radicalized,Michael Kors Hamilton, and that creates a new cycle of violence," he said."We have Michael Kors Outlet condemned suicide bombings. We have condemned acts of terror, regardless of who is carrying them out, so we're not giving money to people to commit crimes. That has never been the case and we've condemned it," al Jubeir added.Gary Bauer, president of American Values and a contender for the Republican presidential nomination in 2000, said the Saudis were "splitting hairs" with their explanation."Quite frankly, they've been playing us for suckers for years and I think this is yet another example," Bauer told CNSNews.com."If it were only the telethon, then maybe their denial would be credible, but as we now know, they are financially supporting schools and mosques all over the world, including in the Michael Kors Outlet Handbags United States, that teach that Jews are to be killed, that Jews and Christians are infidels, and I think it's time for us to wake up to the fact that they are not our friends and they are not our ally," Bauer said.If the Saudis wanted to stop the cycle of violence and help the Palestinian people, they would have condemned terrorism and pressured Yasser Arafat two years ago to accept an offer made to him that would have set up a Palestinian state, Bauer said."I think the so-called royal family that runs Saudi Arabia is like the other leaders in the area: Michael Kors Outlet They do not care that much about the suffering of the Palestinian people," Bauer said."What they really care about is the destruction of the Jewish people, and until we understand that,Michael Kors Python, we're going to continue to be confused and deceived about why things are happening in the Middle East that are happening there every day," he said.Similar payments to Palestinians promised by Iraqi President Saddam Hussein have drawn sharp condemnation from the Bush administration.Last week, Defense Secretary Donald Rumsfeld criticized Saddam for increasing from $10,000 to $25,000 the compensation he is prepared to pay families who send one of their own to become a suicide bomber."Think of it, here is an individual who is the head of the country, Iraq, who has proudly, publicly made a decision to go out and actively promote and finance human sacrifice for Michael Kors Online Shop families that will have their youngsters kill innocent men, women and children. That is an example of what it is we're dealing with," Rumsfeld said at a press conference.But on Monday, Rumsfeld said he did not know anything about the Saudi fund."I have no information whatsoever that suggests that the government of Saudi Arabia is doing what Iraq is," he said at a press conference.Al-Jubeir said there was no comparison between the Saudi fundraising and Saddam's efforts. Efforts to link the two are being carried out by people who want to undermine the Saudi initiative for Michael Kors Outlet Online peace in the Middle East,Michael Kors Clutches, he said.CNSNews.com senior staff writer Jim Burns also contributed to this articleE-mail a news tip to Larry Morahan.Send a Letter to the Editor about this article. Featured Video Horrors! It's Gov't 'Regulated Activity'Scary! Leno Tougher on How President 'Lied' About ObamaCare Than NBC ReportersOTJ: Priest Has Mass Blocked by U.S. Government E-Brief
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The Bronx health care Michael Kors Crossbody Bag clinics founded by indicted ex-state Sen. Pedro Espada are still receiving taxpayer cash,Michael Michael Kors Handbag, thanks to another last-minute reprieve in court. Soundview Health Care Network was slated for removal from the state Medicaid program last week following several months of legal wrangling with the Cuomo administration. But Bronx Supreme Court Justice Fernando Tapia granted Michael Kors Cross Body Bag the nonprofit a temporary stay,Michael Kors Outlet Handbags, allowing Soundview to collect Medicaid reimbursements until its next court date, March 5. Espada, who lost his state senate seat to fellow Democrat Gustavo Rivera in 2010, faces a federal corruption trial March 13. He and his son, Pedro G. Espada, have been charged with Michael Kors Crossbody Bag plundering Soundview to bankroll a lavish lifestyle that included tickets to Broadway shows and a down payment on a Bentley. The state Office of the Medicaid Inspector General moved to boot Soundview off Medicaid last August,Michael Kors Python, citing the network for failing to develop and follow a comprehensive compliance Michael Kors Charlton Crossbody Bag plan. The agency also slammed Soundview for continuing to operate under the Espadas, who it excluded from the Medicaid program last January. The slippery network of Michael Kors Charlton Crossbody five clinics won a brief victory in August when it challenged the move in court and Bronx Justice Stanley Green issued a stay, with Espada accusing Gov. Cuomo of pursuing a political vendetta. But Bronx Justice Mark Friedlander sided with the state just before Christmas, ordering Soundview cut off from Medicaid. The 34-year-old network responded by staging a rally in Mount Kisco, the Westchester County suburb that Cuomo calls home. It also appealed. Justice Friedlander's ruling could force Soundview to close because Medicaid bucks account for roughly 70% of its funding - more than $6 million a year. Justice Tapia granted the stay last Friday to protect 24,000 patients who use the network. Soundview has argued it serves a Bronx community with high rates of diabetes and asthma and few other health care options. The michael kors signature tote network has also claimed losing Medicaid could force it to lay off hundreds of employees. Meanwhile, federal prosecutors revealed last week Soundview may have withheld severance pay from a former employee to punish her and she was outed as a potential witness. Maria Cruz is expected to testify next month. dbeekman@nydailynews.com
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Two teens in south Texas were shot while trying out for their middle school's basketball team, and investigators think they were hit by stray bullets fired from surrounding ranchlands popular with hunters. Two target shooters and one suspected poacher carrying an assault rifle were detained after Monday afternoon's shooting at Harwell Middle School near Edinburg, Michael Kors Outlet Houston Tex., about 30 miles north of the Mexico border. The two boys, who were Michael Kors Handbag Outlet not identified, were in the middle of tryouts on a court outside the school when they were shot, Hildago County sheriff's officials told the Associated Press. One of the boys, 13, was hit in the armpit as he was attempting a layup. The other, 14, was shot in the back while sitting on the ground,Michael Kors Crossbody Bag, authorities told The Monitor newspaper. We felt certain that the shots came from afar,Michael Kors Factory Outlet, Hidalgo County Sheriff Lupe Trevino told the Michael Kors Handbags Outlet Online Associated Press. Both boys were rushed to local hospitals, where the 14-year-old was said to be in critical condition after surgeons removed a bullet from one of his organs. The 13-year-old was reported in stable condition. The school was locked Michael Kors Handbag Outlet down after the gunfire, and authorities found three men with high-powered rifles on the farmlands surrounding the campus. One man was Michael Kors Bags Outlet illegally hunting with .223-caliber assault rifle on land north of the campus, while the other two were found shooting targets with .30-caliber rifles on land to the northwest, The Monitor Michael Kors Purse Outlet reported. The target shooters were released early Tuesday morning but remained under investigation because the victims appeared to be in their line of fire, though some 800 yards away, authorities said. The poacher was still in custody. Hidalgo County Sheriff Lupe Trevi?o said he was an illegal immigrant and could be facing trespassing,michael kors tote bags, illegal weapons and other charges. The school was open on Tuesday and grief counselors were on hand. Edinburg school district spokesman Gilbert Tagle told ABC News the officals were considering building a cement fence around the school. This seems like a freak hunting accident, Tagle told the station. And if it was their bullet, it traveled a pretty good ways. With News Wire Services
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The Beard is back,Cheap Michael Kors Handbags Outlet Online (34), but is it here to stay? Yes, it is. A razor blade company offered former All-Star closer Michael Kors Outlet Online Brian Wilson a $1 million payday if the newest member of the Dodgers agreed to shave off his signature look, RadarOnline.com reported earlier this week.
JOE SKIPPER/REUTERS The Beard's first appearance with the Dodgers comes in the 9th inning of L.A.'s win over the Marlins in Miami on Thursday afternoon. But it appears no amount of cash will convince the owner of baseball's best facial hair to shave. Wilson's beard is going with him to the grave his reps told TMZ. Wilson, who underwent Tommy John surgery on his right elbow in April Michael Kors Outlet Handbags 2012 while with the Giants, signed a one-year contract with the NL West leaders on July 31 that guarantees him $1 million for the rest of this season. His management feels we need to match his present salary of $1 million at a minimum,Michael Michael Kors Bags, Co-founder and president of 800Razors.com Philip Masiello told the website of the initial offer.
JOE SKIPPER/REUTERS The Beard turns down a reported million-dollar offer to shed his signature look. After banking over $22 million as a Michael Kors Outlet big leaguer, it's unlikely even a Brink's truck full of cash could have convinced The Beard to change his mind. Wilson, who hypes his World Champion Beard on his official Twitter account,Michael Kors Shoulder Bags, made his first appearance for L.A. on Thursday pitching the 9th inning of the Dodgers' 6-0 blanking of the Marlins in Miami, even added a little ponytail to the end of his beard for Michael Kors Outlet Store his debut in Dodger blue. So add an online razor Michael Kors Online Shop company to the list Michael Kors Outlet Handbags of Wilson's strikeout victims.
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Megachurch pastor Creflo Dollar took to the pulpit in front of a packed house on Sunday to deny punching and choking his 15-year-old daughter, calling the accusations an exaggeration and sensationalism. Dollar was arrested on Friday after the teen told police that he roughed her up and beat her with a shoe during an argument over whether she was allowed to go to a party,michael kors wallets on sale, police said. The Atlanta-based preacher's other daughter, Alexandria,Michael Kors Outlet Online, 19, backed her sister's story, and cops noted the teen had red marks on her neck, signs of an apparent dust-up. Dollar was charged with battery and cruelty to children. He struck down the charges during a sermon at his World Changers Church International, his suburban Atlanta-based church that boasts 30,000 members and a host of satellite ministries across the U.S., according to The Associated Press. I will say this emphatically: I should have Michael Kors Outlet Online Store never been arrested, he said, after receiving an exuberant welcome from the faithful at his michael kors outlet store 8,500-seat santuary, known as the World Dome. I want you all to hear personally from me that all is well in the Dollar household.
Worshipers head into World Changers Church International for services on Sunday. (Bita Honarvar/AP)
The 50-year-old televangelist denied choking his daughter, saying the scratches on the girl's neck were caused by the skin condition eczema, which she’s had for 10 years.
The truth is,Michael Kors Outlet, she was not choked, she was not punched, he said. Anything else is exaggeration and sensationalism.
After the incident, Dollar told cops the fight started when told the teen she couldn't go to a party on Saturday night because her grades were poor.
On Sunday, he told the church, The truth is that a family conversation with our youngest daughter Michael Kors Outlet Online got emotional. And emotions got involved and things escalated from there.
“I would never Michael Kors Outlet approach one of my children to intentionally inflict bodily harm. I love her with all my heart,” he said.
The father of five has built a multimillion dollar religious empire since starting the church in an elementary school in his hometown of College Park, Ga., in 1986.
He runs a weekly radio broadcast and has published more than 30 books preaching the “prosperity theology” message, which says God rewards the faithful with vast wealth.
His ministry has drawn criticism from detractors who have michael kors factory outlet raised questions his Michael Kors Outlet Online lavish lifestyle, including multimillion dollar homes in Atlanta and Manhattan, a private jet, two Rolls Royces other deluxe creature comforts.
On Sunday, he suggested that the media attention following his arrest was part of a plan to undercut his message, the Atlanta Journal Constitution reported.
The devil knows that in order to discredit the message, you have to first of all discredit the messenger, Dollar told his congregation.
With News Wire Services
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A rose is a rose, but Stein stank Brooklyn: Congratulations to Richard Chesnoff for pointing out the moral bankruptcy of the Metropolitan Museum of Art for allowing Gertrude Stein’s name to be associated with it (“A Nazi collaborator comes to the Met,” Op-Ed, April 29). She was an ardent supporter of Vichy, Hitler’s puppet regime in France. Some 73,000 French Jews were rounded up by Vichy police, put on Vichy trains and sent to Auschwitz. By supporting Vichy, Stein was morally responsible for those deaths. In allowing her name to be associated with an exhibit, the Met demonstrates the amorality of its management and board of directors. Richard Sherman Flushing: I was dumbfounded by Chesnoff’s column. I had always read that Stein ran Michael Kors Online Outlet with members of the Communist Party or, at least, with Communist sympathizers like Picasso, who, by the way, did not leave Paris or France during the war years either. If Chesnoff is right, it puts all of Stein’s work in a different light. Ana Martinez Fast and furious I Staten Island: If Nanny Bloomberg and Police Commissioner Ray Kelly really want to save lives instead of worrying about what we eat and drink and smoke, they should enforce speed limits and traffic laws. People exceed speed limits everywhere, stop signs are a suggestion and yellow lights mean speed up. Enforcing these existing laws with swift punishments and hefty fines would help save lives. Anne Bennett Fast and furious II Brooklyn: My heart goes out to the Gonzalez family. But the car was speeding at 70 mph. The three major causes of horrific accidents are speeding, drunken driving and using cell phones or texting while driving. These are the issues that must be addressed, not how wide a parkway should be. May the victims rest in peace, and may we all learn to just slow down! Jacqueline Loconsolo-Gates Burning mad Eatontown, N.J.: Voicer John Kiernan wrote that firefighting should be left to paid professionals. That is an insult to the millions of volunteer firefighters who risk their lives for free every day. Without volunteers, towns would have to spend millions of dollars to staff firehouses. That’s a lot to ask. Just because we’re volunteers doesn’t mean we’re not professional in what we do. Pat Henderson Shades of meaning Bronx: To Voicer Kevin Murphy: There is statistical chasm between the rates at which blacks and Latinos versus Asians and whites are stopped and frisked. My teenage brother is unduly aggravated by law enforcement when he’s home from college. I’m a civil servant, and I’ve often been harassed because of my appearance. Your opinion speaks to the divide between law enforcement’s perceptions and the everyday realities of minority communities. Lamont Goings Speaking out against speaker Brooklyn: Like Voicer Patti McCabe, I am completely aware of City Council Speaker Christine Quinn’s flagrant disregard of the voters’ choice on term limits. She is Mike’s puppet. We need to sweep the slate clean. Do I hear Ray Kelly? Marie Friedman And for Kelly Manhattan: I would vote for Ray Kelly for mayor if, in addition to the items listed in Voicer Robert S. Epriel’s letter, Michael Kors Factory Outlet he required that all bicycles be licensed. Myra Armstrong Osama . . . East Meadow,Michael Kors Shop Online, L.I.: As we bestow accolades on President Obama for killing Osama Bin Laden, let us remember what else our commander-in-chief has killed: job creation and economic growth, our credit rating, small businesses, the coal, oil and natural gas industries and our relationship with our Michael Kors Canada Outlet two strongest allies in the world. Olivia Duffy-Harrison . . . oshmama Manhasset, L.I.: Hooray for President Obama ― he got Bin Laden (or the Navy SEALs did; he just gave the okay). But should we forget 14 million people out of work,Michael Kors Charlton Crossbody Bag, 8.2% unemployment, record foreclosures, no to the Keystone pipeline, no to offshore drilling and gas prices at record highs Four more years? I don’t think so. Alice Ficalora Term limit Tinton Falls, N.J.: To Voicer Barbara Barnett: President Obama doesn’t deserve four more years, he deserves 25 to life for all the damage he has done and debt he has built in only three years. In a country whose history is 236 years old, in three years he has destroyed every value it has stood for since its inception. Mike Cozzi Final farewell Yonkers: It was with great sadness that I read Richard Huff’s last column Friday. I am going to miss him. He connected with readers and delivered information in a way nobody else could. I wish him all the best in the future. Nobody will ever be able to take his place. Anne T. O’Leary Change in the weather Medford, Mass.: Re “Hot air on climate change and the end of the world” (editorial, NYDailyNews.com, April 29): Yes, Michael Kors Online Store climate scientist James Lovelock has drawn back from his apocalyptic forecasts. But do not assume climate change is a myth. That Lovelock thinks we probably won’t face gigadeaths in the next few decades doesn’t mean climate change isn’t real. His statement simply suggests we have a bit more time to change our ways before things get out of control. Warren Senders Public domain Brooklyn: Voicer Sister Dorothea Jutkowski’s proposal to distribute tax dollars used to support public schools to parents so they could send their kids “to the school of their choice” would give the Catholic Church public funding for its financially struggling Michael Kors Handbags Outlet parochial schools at the expense of the public schools ― which, unlike Catholic schools, must admit all comers. No tax dollars should to go to finance tuition at private schools, religious or secular. Martin Brahms Hard to swallow I Manhattan: What makes Voicer Charlie Vaicels think that people on food stamps or welfare are the only ones who benefit from the school lunch or breakfast program? There are working families who can barely put food on the table. W.R. Mitchell Hard to swallow II Hauppauge, L.I.: Voicer Charlie Vaicels says taxpayers shouldn’t pay for school lunches or breakfasts. Who does he think pays for food stamps? Taxpayers! And is he really against feeding innocent children who could be victims of poverty or neglect? I think it’s worth the money and risk of overfeeding to make sure no child goes hungry. Sabrina Mazza Marching orders . . . Kingston, N.Y.: To Voicer Dolores Schmitt: The Gary Stein case has nothing to do with First Amendment rights. It has to do with chain of command, in which President Obama is Michael Kors Handbags Outlet the boss. Anyone who refused to take orders from his or her boss would be fired. In the military, it’s even more important. Andrew Clark . . . for Marine North Syracuse,Cheap Michael Kors, N.Y.: I agree that Sgt. Gary Stein should not be disciplined for speaking his thoughts. But if he had acted on his threat to disobey the orders of the commander-in-chief, or any other superior officer, he should be disciplined. As a former Marine, I would never consider refusing to obey orders from a superior, let alone the commander-in-chief. William Wicks Long live the King Bayonne, N.J.: I don’t like the Daily News referring to Michael Jackson as a “drug-addled superstar” and comparing him to Whitney Houston (“Glove luv,” April 30). Michael Jackson and Whitney Houston were totally different people. Let our beloved angel Michael rest in peace. We love and miss him forever, and his reputation and image will not be tarnished, regardless of what the media say. Tomasita Rosario
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Greek Finance Minister Evangelos Venizelos speaks during a news conference in Athens, on Tuesday, Jan 31, 2012. Venizelos and Health Minister Andreas Loverdos announced measures to control runaway public spending on health,Michael Kors Handbag, and announced collaboration in an upcoming leadership election at the majority Socialist party, expected in mid-March. The Socialists and main rival conservatives are backing a coalition government that is expected to call a general election in late April. (AP Photo/Petros Giannakouris)ATHENS, Greece (AP) ― Greece has all but concluded a crucial deal to write off half its privately held debt and is now working on new austerity measures needed to secure continued bailout loans, Finance Minister Evangelos Venizelos said Tuesday."We are one step ― I would say it is a formality― away from finalizing (the debt relief agreement)," Venizelos told a news conference. "The next few days will determine what happens over the coming decade."Under the deal, private creditors would swap their Greek bonds for new ones with 50 per cent cut in their face value, a longer repayment period, which could be up to 30 years,Michael Kors Online, and low interest rate, that is still being negotiated.That is likely to leave investors participating in the deal facing an overall loss on their Michael Kors Bags bond holdings of about 70 percent,Michael Kors Handbag, according to people close to the talks.Greece needs the deal to lower its debt ― which is simply too big for it to tackle alone ― by some euro100 billion and therefore avoid a default that would spell disaster for the country and destabilize European and global markets.The deal is vital for Greece to avoid bankruptcy, as the country faces a euro14.5 billion bond repayment on March 20 with insufficient funds to cover the massive payout.Venizelos said that one of the conditions for this bond swap deal to go ahead is a commitment by Greece's bailout partners to keep giving it rescue loans.To do that, Greece is now focusing on completing negotiations by the end of the week with its European partners and the International Monetary Fund on a new program of cutbacks ― without which Greece's bailout lifeline will be cut.He said he hoped finance ministers from countries using the euro can sign Michael Kors Handbag Outlet off on the cuts ― and a new bailout worth euro130 billion ($170 billion) ― during their meeting next Monday in Brussels. Part of that new Michael Kors Handbag Outlet bailout ― some euro30 billion ― will be used as a cash payment to Greece's private creditors to help secure the bond deal."Without a program, there can be no funding," Venizelos said, explaining that the bond-swap deal and new bailout package are contingent on each another.After a European Union summit on Tuesday, Greek Prime Minister Lucas Papademos told reporters in Brussels that he hoped both sets of negotiations would be finished this week.Greece has been in deep recession for the past three years, and the economy is set to slow further in 2012, hindering the country's debt-reduction efforts.The bond swap is intended to make the country's debt sustainable in the medium term, by bringing the debt-to-GDP ratio down from 160 percent last year to 120 percent in 2020.The country has been surviving since May 2010 on a first bailout worth euro110 billion, Michael Kors Bags Outlet but it has long been clear that further funds would be needed.A team of international debt inspectors from the European Commission, the European Central Bank and the IMF ― known as the troika ― has been pressing for more spending cuts to address budget shortfalls last year and to accelerate deficit-cutting efforts through 2015."Spending on health, medicine and defense, are the main areas in our fiscal effort," said Venizelos. Health Minister Andreas Loverdos added the government will cap spending on medicine at euro2.88 billion this year, down from an earlier estimate of euro3.2 billion.Meanwhile, troika officials in Athens on Tuesday put off for later in the week a meeting with the Labor Minister to discuss ways of reducing employment costs ― a key sticking point in negotiations between the struggling eurozone country and its rescue creditors.Greece's unions, employers and political parties have all opposed suggestions that employment costs could be cut by slashing the minimum wage and private sector pay.Jean-Claude Juncker, the Luxembourg prime minister who chairs the group of eurozone finance officials, said Greece would be facing more pressure from other eurozone members to meet budget-cutting targets but rejected German suggestions to appoint a budget commissioner with veto powers over Greek decisions."I do not see the need to appoint a budget commissioner only and specifically for Greece. But our Greek friends also must know that they are under increased surveillance," Juncker told German's public Deutschlandfunk radio."Everyone knows that Greece's consolidation program is off track," he said. "Greece must live up to its commitments."__Nicholas Paphitis in Athens and Juergen Baetz in Michael Kors Purse Outlet Berlin contributed. (Copyright 2012 Associated Press. All Rights Reserved. This material may Michael Kors Outlet Houston not be published, broadcast, rewritten, or redistributed.)Featured Video Horrors! It's Gov't 'Regulated Activity'Scary! Leno Tougher on How President 'Lied' About ObamaCare Than NBC ReportersOTJ: Priest Has Mass Blocked by U.S. Government E-Brief
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Carmelo Anthony a Laker? You can forget it, especially if Denver wants Andrew Bynum in return.The Knicks are still in the lead for Anthony, although sources close to the Nuggets say that Denver is going to continue to field offers Michael Kors Factory Outlet for its scoring ace and might not move him until right before the Feb. 24 trading deadline."The plan is to wait until as close to the 24th as they can, and see what other teams are going to offer between now and then," a person with knowledge of the Nuggets' plans said last night. "They're in no rush."The Bulls are seen as a potential last-minute destination for Anthony, who has listed Chicago behind New York as a preferred destination and would sign long-term to play alongside Derrick Rose and Carlos Boozer. Luol Deng or Taj Gibson could be in a package for Anthony.Dallas and Houston are also expected to make offers. They're willing to "rent" Anthony, as his short list of teams he would sign with has never included the Mavs or Rockets.The Lakers were linked to Anthony for the first time Wednesday, but a report of trade talks centering on the two-time defending champs sending Bynum to Denver was widely dismissed. A Laker source told the L.A. Times that the story was "inaccurate." Meanwhile, the Daily News reported that Jim Buss, the Laker VP of player personnel and son of team owner Jerry Buss, rejected the proposal.Despite Bynum's inability to stay healthy during his six-year NBA career, the younger Buss still believes that the 23-year-old New Jersey product will mature into an elite center."Andrew is beloved by Jim Buss, and that's that," said one source.The Knicks had a chance to get Bynum in the 2005 draft, but passed on him because team president Isiah Thomas did not think that New York's fans would be patient with a player coming out of high school. Instead, Thomas drafted Channing Frye, now with Phoenix. Other than Bynum, the Lakers don't have the assets to land Anthony.So where does that leave the Knicks and Anthony? With Garden chairman Jim Dolan negotiating directly with Denver owner Stan Kroenke, the Knicks are hopeful that Michael Kors Handbags Outlet they can get Anthony by the trading deadline and not wait until the summer to sign him as a free agent.The Nuggets clearly want more than a package that would give them Wilson Chandler, Minnesota's Corey Brewer and a No.1 pick. At this stage, the Timberwolves are ready to make a deal. They want Knick forward Anthony Randolph, who rarely gets off Mike D'Antoni's bench, along with Eddy Curry and his expiring contract.The Knicks and Nuggets have talked about other players changing uniforms,Michael Kors Bags Uk, with one scenario having Raymond Felton going to Denver and Chauncey Billups ending up with Anthony in New York.Team president Donnie Walsh watched practice Wednesday as the Knicks prepared for Wednesday night's game at the Garden against the Clippers. But he left the court before he could be asked about trade talks. Michael Kors Canada Outlet Perhaps Walsh did not want to have to field questions pertaining to the role of Dolan and Thomas in the negotiations as he also tries to make in-roads with the Nuggets,Michael Kors Outlet. There is no way of knowing if Walsh and Dolan/Thomas are on Michael Kors Online Store the same page.At this stage, the Knicks will have to deal with the Anthony question as a Michael Kors Outlet Canada major distraction. Counting the Clippers Wednesday night, they have five more games to play before the trading deadline."You always wonder what's going on, but you can't let it affect your Michael Kors Handbags Outlet game and your professionalism,Michael Kors Outlet Online St," said Amar'e Stoudemire, who ran but sat out the contact portion of practice in Greenburgh. "You still have a game to play. You have practice. You have teammates depending on you. So you have to continue to stay professional and continue to work."
